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Algeria among the leading exporters of liquefied natural gas to Europe in the third quarter of 2024

According to a recent report published by the Washington-based Energy Research Unit, Algeria has ranked as one of the largest exporters of LNG to Europe in the third quarter of 2024. Despite a significant drop in European LNG imports, which fell by 22% to 19.35 million tons, Algeria has managed to maintain its position in this key market.

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The United States remains the main supplier of LNG to Europe, exporting 32.62 million tons in the first nine months of 2024, despite an 18.5% fall compared with 2023. By contrast, Russia recorded a 26.3% rise in exports in the third quarter, to 3.65 million tons. Algeria is in third place with 8.49 million tons exported, a stable figure despite a 17% fall in the third quarter. Qatar saw its exports fall by 38.3% over the same period. Norway and Nigeria also saw their export volumes fall.